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Informal Neighborhoods in the Buenos Aires Metropolitan Region: Understanding the Effects of Land Regulation on the Welfare of the Poor

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Abstract

The formal submarket for sales of individual plots financed in monthly installments has helped make it possible for a large segment of the low-income population of the Buenos Aires Metropolitan Region to gain access to housing. However, this submarket has been practically dismantled since 1977, when Decree-Law 8912, regulating urban land use, was enacted. With this new law in place, private sector finance—which had been provided by the land developers themselves—disappeared. As a result, low-income households have been forced to rely on informal mechanisms to access housing, such as purchasing land in illegal subdivisions or squatting on public land and building their dwellings incrementally.

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Goytia, C., Lanfranchi, G. (2009). Informal Neighborhoods in the Buenos Aires Metropolitan Region: Understanding the Effects of Land Regulation on the Welfare of the Poor. In: Lall, S.V., Freire, M., Yuen, B., Rajack, R., Helluin, JJ. (eds) Urban Land Markets. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-8862-9_7

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